The economy of Ecuador is the eighth largest in Latin America and the 69th largest in the world by total GDP. Ecuador's economy is based on the export of ...

In recent months the economy has slowed substantially, owing to an increase in insecurity caused by organized crime, disruptions in oil production, ...

Ecuador's economic freedom score is 55, making its economy the 115th freest in the 2024 Index of Economic Freedom. Its rating is unchanged from last year, ...

In 2021, the Ecuadorian economy grew by 4.2% in real terms, following the sharp contraction of 7.8% in 2020; that growth was not, however, enough to secure a ...

Strengths. Significant mineral resources (copper, gold, etc.), oil and gas; Tourism potential (flora, fauna, heritage); Climate diversity allowing crop ...

The Ecuadorian economy is highly dependent on commodities and exports ... For a number of years, Ecuador's economy saw constant growth thanks to high oil prices.

8 февр. 2024 г. · Ecuador's gross domestic product (GDP) totaled USD 113.8 billion in 2022. The Ecuadorian Central Bank reported 4.2 percent GDP growth in 2021 ...

Ecuador is a dollarized economy that has few limits on foreign investment or repatriation of profits, with the exception of a currency exit tax.

In 2022, its economy expanded by +3.0%, falling below the regional average of +4.8% and growth is estimated at +1.4% in 2023.

With a Gross Domestic Product (GDP) of around 121.6 billion U.S. dollars, Ecuador ranks as the 8th largest economy in Latin America.